Office

The real estate firms' joint venture purchased 10-12 E. 33rd. St. for $54.5 million.

Austin moved up two spots to number six on CBRE's Tech Talent Scorecard, part of its Tech Talent Report, which ranks 50 US and Canadian markets according to the ability to attract and grow tech talent.

The residential division will extend the firm's commercial advisory services largely recognized for office and retail leasing.

In recent years, Salt Lake City has become a prime location to both run a business and invest in commercial real estate.

A source tells us the 321,000-square foot building is trading at $140 million or $436 per square foot.

Co-working space in retail properties will grow at a rate of 25% annually through 2023 reaching approximately 3.4 million square feet.

The property features an attractive four spaces per 1,000 square feet parking ratio, a remodeled conference and training facility, a modernized deli, and a state-of-the-art fitness center.

The newly christened McClellan Innovation Center, an 8,000-square-foot office, can accommodate up to 100 guests per day with flexible temporary or long-term desk leasing for individuals and companies.